Multi Provider Framework Agreement for the Provision of Actuarial, Benefits and Governance Consultancy Services primarily in support of the Local Government Pension Scheme (LGPS)
Estimated value
—
Awarded value
£750.0m
Suppliers
29
Lots
5
Published
29 Oct 2025
Description
Norfolk County Council, on its own behalf and on behalf of the Environment Agency (as Administering Authority of the Environment Agency Pension fund), Essex County Council (as Administering Authority of the Essex Pension Fund), Hampshire County Council and Kent County Council (as Administering Authority of the Kent Pension Fund) has let a multi-provider, Framework Agreement for the provision of Actuarial, Benefits and Governance Consultancy Services primarily in support of the Local Government Pension Scheme (LGPS).
Scope
- Reference
- NCCT43062
- Commercial tool
- Standalone contract
- Contract dates
- 10 Nov 2025 to 09 Nov 2033
- CPV classifications
- 665196006652300066520000
- Contract locations
- UK, United Kingdom
- Particular suitability
- Small and medium-sized enterprises (SME)
Award criteria
Criteria the buyer will use to evaluate bids.
| Name | Description | Type | Weighting |
|---|---|---|---|
| Sharing research and added value | — | quality | 5.00% |
| Performance Management | — | quality | 10.00% |
| Working with other service providers | — | quality | 8.00% |
| Client Relationship Management | — | quality | 9.00% |
| Environmental, Social Governance | — | quality | 5.00% |
| Maintaining knowledge and understanding | — | quality | 12.00% |
| Key Personnel | — | quality | 12.00% |
| Changing shape of public service delivery | — | quality | 10.00% |
| Statutory Services and Specialist Advice and Support | — | quality | 12.00% |
| Future Sustainability of the LGPS | — | quality | 11.00% |
| Technology | — | quality | 6.00% |
| Maintaining knowledge and understanding | — | quality | 17.00% |
| Key Personnel | — | quality | 16.00% |
| Changing shape of public service delivery | — | quality | 14.00% |
| Engagement and specialist advice and support | — | quality | 16.00% |
| Maintaining knowledge and understanding | — | quality | 16.00% |
| Changing shape of public service Delivery | — | quality | 15.00% |
| Maintaining knowledge and understanding | — | quality | 15.00% |
| Key Personnel | — | quality | 14.00% |
| Changing shape of public service pensions governance | — | quality | 10.00% |
| Tools and Approaches | — | quality | 8.00% |
| Management and Mitigation of Risks | — | quality | 8.00% |
| Policy Development | — | quality | 8.00% |
| Maintaining Knowledge and Understanding | — | quality | 16.00% |
| Changing Shape of Public Service Delivery | — | quality | 15.00% |
| Project Management Methodology | — | quality | 16.00% |
Submission & procedure
- Procedure
- Open procedure
Award details· 5 awards
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£150.0m
Award date
29 Oct 2025
Contract start
08 Jan 2026
Contract end
07 Jan 2034
Lots · 5 total
Divisions of the contract. Each lot can be awarded separately.
| Lot | Title | Est. value | Status |
|---|---|---|---|
| 1 | Actuarial Services | £500.0m | complete |
| 2 | Benefits Consultancy | £500.0m | complete |
| 3 | Governance Consultancy | £500.0m | complete |
| 4 | Funding Risk Advisory Services | £500.0m | complete |
| 5 | Consultancy Services to Support Specialist Projects | £500.0m | complete |